Joseph W Craft III Foundation is a 501(c)(3) organization based in Tulsa, Oklahoma, registered in 1997, with $30,417,393 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$30.4M
▲ 29.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$12.8M
Net assets
$146.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Joseph W Craft III Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Joseph W Craft III Foundation: 137 mo reserves · +58% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Joseph W Craft III Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Joseph W Craft III Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $10.8M (FY2013) to $30.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
57.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$146.2M
Total liabilities
$0
Net assets
$146.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,417,393▲29.6% | $12,810,467▲0.3% | $146,153,975▲12.7% | $146,153,975▲12.7% | 990PF |
| 2023 | $23,470,885▲2.2% | $12,775,797▲0.1% | $129,727,384▲6.3% | $129,727,384▲6.3% | 990PF |
| 2022 | $22,976,192▲18.2% | $12,757,962▲8.3% | $122,082,052▲9.2% | $122,082,052▲9.2% | 990PF |
| 2021 | $19,434,208▲250% | $11,776,699▲36.2% | $111,776,138▲7.4% | $111,776,138▲7.4% | 990PF |
| 2020 | $5,548,954▼59.7% | $8,647,793▼40.5% | $104,051,210▼2.8% | $104,051,210▼2.8% | 990PF |
| 2019 | $13,770,647▼73.2% | $14,542,147▲353% | $107,043,900▼0.7% | $107,043,900▼0.7% | 990PF |
| 2018 | $51,295,049▲1326% | $3,213,316▼1.3% | $107,799,095▲80.7% | $107,799,095▲80.7% | 990PF |
| 2017 | $3,596,626▼29.5% | $3,257,001▼5.5% | $59,665,436▲0.7% | $59,665,436▲0.7% | 990PF |
| 2016 | $5,101,964▲33.3% | $3,446,757▲14.2% | $59,249,000▲3.1% | $59,249,000▲3.1% | 990PF |
| 2015 | $3,826,885▼78.1% | $3,017,638▲50.8% | $57,489,669▲1.7% | $57,489,669▲1.7% | 990PF |
| 2014 | $17,504,126▲62.2% | $2,001,332▲43.3% | $56,556,226▲40.3% | $56,556,226▲39.1% | 990PF |
| 2013 | $10,788,764 | $1,396,748▲181% | $40,310,988▲30.6% | $40,660,988▲31.7% | 990PF |
| 2012 | — | $496,618▼63.3% | $30,871,644▲43.8% | $30,871,644▲43.8% | 990PF |
| 2011 | — | $1,353,539▲98.1% | $21,471,297▼5.8% | $21,471,344▼5.8% | 990PF |
| 2010 | — | $683,428 | $22,795,323 | $22,795,370 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for Joseph W Craft III Foundation (EIN 73-1514539) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.